How Downsizing Can Increase Your Super

New rules allow couples to each put $300,000 from the sale of their primary residence into their superannuation fund tax-free. Your decision to downsize should suit your circumstances, and it is important to seek professional financial advice. What should you consider? • To qualify for the superannuation incentive, you must have used the property as…

Scammers using ChatGPT

A new artificial intelligence chatbot ‘ChatGPT’ is making it easier for hackers to scam people. 54 per cent of Australian IT professionals predict that a cyber-attack will be credited to ChatGPT within the next year, according to research released by software and services firm BlackBerry. It is feared the language processing tool will be used…

New Order of Priority Skilled Visa Applicants

The Department of Home Affairs will no longer use the Priority Migration Skilled Occupation List (PMSOL) to rank skilled visa applications. The list was introduced in September 2020 and included 44 occupations to fast track during the Covid-19 pandemic. It included engineers, chefs, accountants, psychiatrists, programmers, pharmacists, and healthcare workers. The Department of Home Affairs…